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Recent Posts by davin

Brazil’s industrial output for the month stayed at 0%, missing the 0.2% forecast.

Brazil’s industrial output stalled at 0% in November, raising concerns for the economy. Meanwhile, a strong US dollar pressures currencies and commodities, leaving investors wary ahead of the US jobs report. – vtmarketsmy.com

The Dollar Index is approaching its 200-day moving average, suggesting potential upward momentum for the USD.

The US Dollar is near a crucial resistance level, influenced by weak job growth and strong services data. An upcoming productivity report could significantly impact market volatility and dollar direction. – vtmarketsmy.com

Hints of EU reconciliation boost the pound and spark renewed Brexit talks in Britain

Brexit’s long-term effects are back on the agenda for Labour, spurring recent rallies in the pound. However, current gains are fragile and could reverse with political uncertainties ahead. – vtmarketsmy.com

During European trading, the AUD/USD pair fell to around 0.6690 after reaching 0.6766.

The AUD/USD pair faces downward pressure at 0.6690 due to weak Australian economic data, including a narrowed trade surplus and lower inflation, while the US Dollar strengthens with solid job growth. – vtmarketsmy.com

Mixed European data and Japanese policy expectations keep EUR/JPY around 183.00 today

Eurozone indicators reveal mixed signals: rising consumer confidence but falling services sentiment. As the Yen strengthens from potential BoJ rate hikes, trading strategies favor selling call options or buying puts on EUR/JPY. – vtmarketsmy.com

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